Gold futures finished lower on Monday, as the safe haven appeal of the bullion got pressured by the strength in dollar and on rise in US employment this month. The yellow metal investments also dulled with the intensified bets over aggressive interest rate hike by US Federal Reserve ahead of the key US data due later this week.
Gold futures for August declined by 0.4% or $6.50 to settle at $1843.70 ounce on the Comex division of the New York Mercantile. While, spot gold dipped by 0.5% at $1,841.29 per ounce.